The rise in consumer prices in Switzerland slowed again in September, benefiting from a sharp deceleration in the prices of imported products, the Federal Statistical Office (FSO) announced on Thursday.
ATS
Inflation increased by 0.8% year-on-year in September, after increasing by 1.1% in August and 1.3% in July.
Over one month, however, the consumer price index (CPI) fell by 0.3% in September, after stagnating in August and falling by 0.2% in July, according to statistics. of the OFS.
These data are mixed compared to the forecasts of economists surveyed by the AWP agency. The latter in fact forecast that inflation would be between 0.9% and 1.2% over one year in September and from -0.3% to +0.1% over one month.
The slowdown in consumer prices during the month under review is essentially the result of the sharp drop in prices for imported products (-2.7% over one year and -0.5% over one month), while prices local products increased by 2.0% year-on-year and fell by 0.2% compared to the previous month.
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